Oneremit Processed $200 Million in Cross-Border Payments
The firm has facilitated international transactions for over 1,000 businesses since operations began in 2024.
Updated on Oct. 2, 2026 in Financial Services
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Oneremit has processed more than $200 million in outgoing cross-border transactions since launching in 2024. The platform currently serves over 1,000 corporate clients across multiple international sectors.
Why it matters
The company aims to address persistent business challenges involving foreign exchange volatility, payment delays, and the complexity of varying global regulatory requirements.
Oneremit supports transactions in more than 100 currencies and maintains regulatory partnerships in Nigeria, Canada, and the United States. The firm utilizes OwlPay for regulated stablecoin settlement rails and Blockradar for its infrastructure.
The players
Oneremit
A financial technology company that provides cross-border payment solutions for international businesses.
OwlPay
A payment infrastructure provider used by Oneremit to facilitate regulated stablecoin settlement rails.
Blockradar
A technology firm that provides the infrastructure supporting Oneremit's stablecoin settlement operations.
The details
Oneremit integrates with established financial institutions and payment providers to manage transaction routing. The service caters to businesses operating in industries such as agriculture, pharmaceuticals, shipping, freight, and automobiles.
Timeline
Oneremit launched its business operations in 2024.
The firm released its report regarding cross-border payment operations on October 2, 2026.
Market Landscape
Oneremit's use of stablecoin settlement rails reflects the broader industry shift toward utilizing blockchain infrastructure to overcome traditional foreign exchange hurdles. This approach positions the firm against legacy international wire services that often face higher overhead and longer settlement times.
Businesses utilizing Oneremit may experience reduced payment delays and improved predictability in foreign exchange costs compared to traditional banking methods. The platform's wide currency support simplifies international trade for companies operating in emerging and developed markets.
The takeaway
The firm's ability to facilitate payments across 100 currencies highlights the increasing demand for specialized cross-border infrastructure in global commerce. Businesses looking to expand internationally should consider whether integrated stablecoin rails provide the liquidity and speed necessary for their specific supply chain needs.
Further reading
Learn more about the evolving landscape of Financial Services.
Source note: This article includes information reported by Leadership.
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